Learning Tech CEO expects more acquisitions after recent deals

Learning Technologies Group (LON:LTG) chief executive Jonathan Satchell told Proactive he could “pretty much guarantee” there will be more acquisitions to come, after the firm spent US$30mln on Friday.

The firm is to acquire Rustici Software LLC, a software specialist, for US$26mln and has agreed to invest US$3mln for a 30% stake in analytics specialist Watershed Systems.

“Buy and build is an essential part of where we are taking this business, but be under no illusion it’s nothing without a very strong underpinning of underlying growth,” he said.

Learning Technologies Group plc (LTG) joined AIM in November 2013. It welcomes investors and potential investors to explore these pages for useful information and has been designed in full accordance with AIM Rule 26.

Learning Technologies Group plc (LTG) joined AIM in November 2013. It welcomes investors and potential investors to explore these pages for useful information and has been designed in full accordance with AIM Rule 26.

Learning Technologies Group plc is the holding company of a new group formed in order to provide a comprehensive and integrated range of services and technologies to corporate clients in the field of learning technologies. It is our aim to consolidate the learning technologies sector in the coming years and become the foremost full-service learning technology agency in the world. Our international offices are expanding quickly, and our UK operation is one of the most trusted and successful in the industry.

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Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.